Savers Value Village (NYSE:SVV) General Counsel Sells $15,588.00 in Stock

Key Points

• General Counsel Richard Medway of Savers Value Village sold 1,200 shares of the company's stock for a total of $15,588 on September 18th at an average price of $12.99.
• The stock price of Savers Value Village decreased by 1.8%, closing at $12.67, with significant trading volume of over 5 million shares.
• In its last earnings report, Savers Value Village beat analysts' expectations with $0.14 earnings per share and a revenue increase of 7.9% year over year.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard Medway sold 1,200 shares of Savers Value Village stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $12.99, for a total value of $15,588.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Savers Value Village Stock Down 1.8%

SVV traded down $0.23 on Friday, hitting $12.67. The company had a trading volume of 5,230,796 shares, compared to its average volume of 913,507. The stock has a fifty day moving average price of $11.38 and a 200-day moving average price of $9.97. Savers Value Village, Inc. has a 12-month low of $6.48 and a 12-month high of $13.11. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 60.34 and a beta of 1.02.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The company had revenue of $417.21 million for the quarter, compared to analyst estimates of $405.75 million. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SVV. BNP Paribas Financial Markets acquired a new position in Savers Value Village in the fourth quarter valued at approximately $36,000. GAMMA Investing LLC lifted its holdings in Savers Value Village by 386.7% in the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after acquiring an additional 4,671 shares during the period. Versant Capital Management Inc acquired a new position in Savers Value Village in the first quarter valued at approximately $51,000. Sandia Investment Management LP acquired a new position in Savers Value Village in the second quarter valued at approximately $51,000. Finally, Lazard Asset Management LLC acquired a new position in Savers Value Village in the second quarter valued at approximately $57,000. 98.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SVV. JPMorgan Chase & Co. boosted their price target on Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Piper Sandler boosted their price target on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Wall Street Zen upgraded Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Northland Securities initiated coverage on Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price for the company. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Savers Value Village presently has an average rating of "Moderate Buy" and an average target price of $12.20.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.

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